The market isn’t mustering up the power to trend higher just yet.
I’d like $SPY to hold 392 and hopefully break above 400 in time.
Here are today’s trades:
- I bought $BA at 201.91 and sold at 203.
- I bought $HES on March 27 at 126.80 and sold today at 128.27. I still own my original shares.
- I bought $TSLQ at 46.94 and sold at 47.71.
- I bought $VLO at 135.67 and sold at 136.29.
- I bought $PDD at 72.32 and sold at 73.
- I bought $BABA at 94.60 and sold at 95.40.
I booked two losers:
- I bought $BABA at 94.11 and sold at 92.55.
- I bought $VLO at 135.07 and sold at 134.71.
I have open long positions in $HES, $ROKU, $VXX, $ARKK, and $UPS.
I think tech could still be the leader should this market get going.
Time will tell.
Have a great evening. Look for the Morning Briefing on Wednesday.
All Star Charts Team